# Deutsche Beteiligungs AG invests in congatec Holding AG

Deutsche Beteiligungs AG, through DBAG Fund VIII, is acquiring a majority stake in congatec Holding AG, a provider of embedded computing products, via a management buyout. DBAG will co-invest about EUR23 million for a 20% stake. Closing is expected in Q4 2020.

- Type: Acquisition
- Announced: 2020-08-24
- Where: Deggendorf, Bavaria, Germany
- Value: $27.0M (23.0M EUR)
- Status: announced
- Products: computer-on-modules, embedded computing products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Deutsche Beteiligungs AG](https://endata.com/companies/5437.md) (investor)
- [congatec Holding AG](https://endata.com/companies/49418.md) (target)

## Sources

- [dbag.com](https://www.dbag.com/newsroom/detail/deutsche-beteiligungs-ag-invests-in-congatec-holding-ag/), 2020-08-24: "Deutsche Beteiligungs AG (DBAG) is investing in congatec Holding AG (congatec), a leading provider of computer modules for industrial applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.